AI model comparison

Hy4 vs Step 5 Preview

Side by side comparison of Hy4 and Step 5 Preview on pricing, benchmark scores, context window, and more.

The official release of Hy4 delivers comprehensive and substantial improvements over Hy4 Preview, with particularly strong gains in agentic capabilities and performance across a wide range of long-horizon, real-world productivity

Input / 1M
$0.42
Output / 1M
$1.25
Context
1.05M

Step 5 Preview is StepFun's flagship model for agentic work, built on a sparse Mixture-of-Experts architecture (27B active / 600B total parameters).

Input / 1M
$1
Output / 1M
$2.70
Context
1.05M

Comparing image generators? Compare image models

At a glance

Quick verdict

How the two models stack up on the things people ask about most.

Lower price

tencent logo

Hy4

2.3x cheaper for a typical chat

Higher intelligence score

Not available

Not enough benchmark data

Larger context window

Tie

1.05M vs 1.05M tokens

Newer release

tencent logo

Hy4

Released November 4, 2026

Benchmarks

Benchmark scores

Independent scores from Artificial Analysis. Higher is better.

Intelligence index

tencent logoHy4Not available
stepfun logoStep 5 Preview28.5

Coding index

tencent logoHy4Not available
stepfun logoStep 5 PreviewNot available

Agentic index

tencent logoHy4Not available
stepfun logoStep 5 PreviewNot available

Pricing

Hy4 vs Step 5 Preview API pricing

Per-token API rates. Cheaper option highlighted.

Metrictencent logoHy4stepfun logoStep 5 Preview
Input tokensPer 1M tokens$0.42$1
Output tokensPer 1M tokens$1.25$2.70
Cached input (read)Per 1M tokens$0.02$0.10
Cache writePer 1M tokensNot availableNot available

What it costs in practice

Estimated cost per 1,000 requests at standard rates. Coding and long-document figures also show the cost when the input is already cached.

Chat message

2K in, 500 out

tencent logoHy4$1.46
stepfun logoStep 5 Preview$3.35

Coding task

30K in, 4K out

tencent logoHy4$17.51$5.63 cached
stepfun logoStep 5 Preview$40.80$13.80 cached

Long document summary

150K in, 2K out

tencent logoHy4$65.05$5.65 cached
stepfun logoStep 5 Preview$155.40$20.40 cached

Specs

Context window and capabilities

How much each model can read, how much it can write, and what it accepts as input.

Metrictencent logoHy4stepfun logoStep 5 Preview
Context window1.05M tokens1.05M tokens
Max output66K tokens64K tokens
Input typesImage, TextImage, Text, Video
Output typesTextText
Reasoning effort levelsHigh, Low, NoneHigh, Medium, Low
Default reasoning effortHighMedium
Release dateNovember 4, 2026October 8, 2026

Features

Supported features

API features available for each model.

Metrictencent logoHy4stepfun logoStep 5 Preview
Tool callingSupportedSupported
Structured outputsSupportedSupported
JSON modeSupportedSupported
ReasoningSupportedSupported
TemperatureSupportedSupported
Stop sequencesSupportedSupported
Deterministic seedNot supportedSupported
Verbosity controlNot supportedNot supported

Our take

Hy4 is 2.3x cheaper for a typical chat. The right pick depends on your workload, so the quickest way to settle it is to send the same prompt to both and compare.

FAQ

Frequently asked questions

Is Hy4 or Step 5 Preview cheaper?

Hy4 is cheaper for a typical chat (2K input tokens and 500 output tokens). Hy4 costs $0.42 per 1M input tokens and $1.25 per 1M output tokens, while Step 5 Preview costs $1 per 1M input tokens and $2.70 per 1M output tokens.

Which has a bigger context window, Hy4 or Step 5 Preview?

Hy4 supports up to 1.05M tokens of context, compared with 1.05M for Step 5 Preview.

Can I use Hy4 and Step 5 Preview at the same time?

Yes. Shortcut Chat sends one prompt to multiple models at once, so you can see Hy4 and Step 5 Preview answer side by side and keep the better response.

tencent logostepfun logo

Why choose? Ask both.

Send one prompt to Hy4 and Step 5 Preview at the same time. Compare the answers side by side and keep the best one.